All of the following are reasons for leasing except:
A) Companies with a weak credit rating can obtain financing because the lessor retains title to the asset.
B) Payments on a lease are fixed which removes an additional element of uncertainty.
C) The terms offered under a lease may be more attractive than those a customer could get under a comparable loan.
D) Some leases can be off-balance-sheet.
Correct Answer:
Verified
Q24: A company is given the option of
Q25: You are the manager of a sales
Q26: Which of the following is not a
Q27: You are a bank manager and are
Q28: Your company requires a new truck to
Q29: You are the manager of a sales
Q30: The CFO of Alberta Country Record Company
Q31: The lease term is four years, while
Q32: Frank has just started his first business-a
Q33: Which one of the following can be
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents